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The Stock Market and Investing
#11927
09/03/22 10:26 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Market was down again this week. Compare the numbers to start of the year (YTD) and the June 16’ish low for the S&P 500 index.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11928
09/03/22 10:26 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
There are ALOT of bargains to be had out there.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11929
09/03/22 10:27 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Everything, with few exceptions, may be bought at a great discount from January rates.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11930
09/03/22 10:27 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Personally, I don’t care about a recession or not, I see discounted prices from the best companies in the world, so I’m buying every week.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11931
09/03/22 10:28 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
And it doesn’t matter how much money you have to buy, just buy something.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11932
09/03/22 10:29 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Don’t know what to buy? Just look at the Top 10 Holdings of the S&P 500 index and buy some of those or buy shares of the S&P 500 index itself. Cannot go wrong.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11933
09/03/22 10:29 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
You’re welcome. Past performance is no guarantee of future results.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11934
09/03/22 10:29 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
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Re: The Stock Market and Investing
[Re: BeachBum]
#11935
09/03/22 10:30 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Half in jest and half in seriousness
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Re: The Stock Market and Investing
[Re: BeachBum]
#11936
09/03/22 10:30 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
I’m not a financial advisor
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Re: The Stock Market and Investing
[Re: BeachBum]
#11937
09/03/22 10:30 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
But I can think for myself, as you should.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11938
09/03/22 10:32 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
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Joined: Nov 2021
Posts: 1,200 |
And remember, educate yourself on these companies. Read. Did you know that besides being a great online store front, that Amazon is a HUGE cloud enterprise? Multi-faceted company. Worth a looksie.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11939
09/03/22 10:33 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
I guess the bottom line is that you should read about those top 10 companies. Read. Educate yourself. Make money. It’s almost too easy if you pay a little attention.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11943
09/03/22 10:42 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Again, I’m no financial advisor, but you need to have a core investment principal. For those less savvy, investing in a Total Stock Market Index ETF or a S&P 500 Index ETF are about all you need.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11944
09/03/22 10:42 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Then, you can pick and choose other investment ideas to supplement your core position.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11945
09/03/22 10:43 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
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Joined: Nov 2021
Posts: 1,200 |
Personally, I think Health Care, Technology, and Mega Cap growth are the best ways to go long term. So my portfolio is supplemented with investments in those areas. But that is me.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11946
09/03/22 10:45 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
For instance, look at the semiconductor index, it is down 35% this year. I’m buying. Do you think chips are done? Nope, on the contrary. They may be down, but not out. And, where do you think the next generation of chips will come from? Yup, the chip companies themselves. Bingo! But that is me…do what you want. I don’t care.
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Re: The Stock Market and Investing
[Re: BeachBum]
#11947
09/03/22 10:46 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Same with cloud services…I’m buying
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Re: The Stock Market and Investing
[Re: BeachBum]
#11994
09/03/22 11:42 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Semiconductors (chips), IT services, and software is money
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Re: The Stock Market and Investing
[Re: BeachBum]
#11995
09/03/22 11:43 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Look at Apple…that stock is down, and they have good vision for increasing revenue, profits and innovate. BTW, they are the largest company in the indexes by market capitalization. Consider buying some shares.
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Re: The Stock Market and Investing
[Re: BeachBum]
#12346
09/08/22 06:23 PM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Bought a little yesterday…did you?
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Re: The Stock Market and Investing
[Re: BeachBum]
#12355
09/10/22 10:00 AM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Anyone here retired and invested to generate dividend income? Would you ping me, I’d like to pick your brain a little. Thank you.
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Re: The Stock Market and Investing
[Re: BeachBum]
#12392
09/13/22 08:21 PM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Interesting day in the market. All major indices down by a lot.
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Re: The Stock Market and Investing
[Re: BeachBum]
#12393
09/13/22 08:22 PM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
I don’t have a clue where the market is going, but when I see 4%+ discounts on the price of quality companies, I buy some. Like I did today.
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Re: The Stock Market and Investing
[Re: BeachBum]
#12394
09/13/22 08:23 PM
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Joined: Nov 2021
Posts: 1,200
BeachBum
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2021
Posts: 1,200 |
Just nibbling with some cash. Not spending all of it, just a little. Reloading in case tomorrow is another down day. Might just buy some more.
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